Selby unemployment rate falls to 11-year low

Selby unemployment rate falls to 11-year low

The most recent unemployment figures from the Office of National Statistics show that yet again unemployment in the Selby and Ainsty constituency has fallen, defying expectations and meaning that the employment rate continues to run at a record high and unemployment falls to an 11-year low.

Nationally, there are now 31.8 million people in work – an increase of almost 2.8 million since 2010. The employment rate remains at a record high of 74.5% with 461,000 more people in work now than at this time last year.

In Selby and Ainsty, unemployment has fallen by over 60% since 2010 with currently only 1.3% of the economically active population out of work.

Nigel Adams, MP for Selby and Ainsty, welcomed the news and said, “I am thrilled to see that due to the measures put in place by this Government, which has put our economy in a position of strength, the employment rate has increased across the country. However, I am particularly pleased to see that the unemployment rate has dropped in my constituency by 61% since 2010. To support getting people into work, I have hosted the Selby Jobs Fair for the last six years – this event gives local and national employers a chance to highlight their employment opportunities, from full time permanent roles to graduate roles to apprenticeships. I will look forward to hosting the event again next year, and to seeing the unemployment figures continue to fall.”

As well as the employment rate continuing to run at a record high, the figures show that wages are continuing to rise strongly. Youth unemployment is down by almost 350,000 since 2010, the number of disabled people in work has increased by 590,000 in the past three years, and the proportion of women in work is at a joint record high. Over 70 per cent of the rise in employment since 2010 has been from full time work.